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Suitcase causes bomb scare at Akron bus terminal
Akron City Council OKs higher speed on I-77
Chapel Hill isn't rolling right along
Motorcyclist killed, wife injured in Stark County crash
New eateries expand menu of options
Man says he was punched, robbed by 3 people in parking lot
Patrick McManamon: Here's what the Browns should try the rest of the season
Louisville athlete commits to play for Boston College
Family found dead in Ohio home
Blogs:
Pets:
It Takes All Kinds
The Heldenfiles:
Tuesday Notebook
Patrick McManamon:
An interesting thought from a reader
Akron Zips:
Akron vs. Mount Union — Liveblog
Tribe Matters:
Indians announce spring dates
Cleveland Browns:
Mangini doesn't name a quarterback
Kent State Sports:
Flashes interested in another Cincinnati player
Cleveland Cavaliers:
Shaq: It’s All About Winning Championships
Buckeye Blogging:
Buckeyes Roll 100-60 / Season Outlook
Varsity Letters:
Report: Walsh baseball player commits
All Da King's Men:
More On The Fort Hood Jihadist
Blog of Mass Destruction:
Simply Incapable of Telling The Truth
Akron Law Café:
Health Care Financing Reform: (63) Commonwealth Fund Report on Primary Care
See Jane Style:
Muffle Your Muffler
Car Chase:
Clock Tender- Extending the Life of Collector Car Clocks
Let's Talk Real Estate:
Rumors: Akron Starbucks Closing
Ohio Travels with Betty:
Jack is looking for a trip to Southern Ohio the week of November 16.
Sound Check:
Aeromsith looking for new singer as Steven Tyler contemplates solo career
HRLite House:
Personal Rant – Why People Do Not Live in Northeast Ohio
Akron Gamer:
Video: 'Modern Warfare 2' hits the streets
Published on Sunday, Jul 06, 2008
• Make it automatic.
What you don't see, you won't miss. Have some money automatically taken out of your paycheck and sent to a savings account.
Or ask your bank or credit union to automatically transfer funds from your checking to savings account monthly.
• Make it hard to raid your emergency fund.
Stuart Vyse, author of Going Broke: Why Americans Can't Hold onto Their Money, suggests setting up a separate account at a bank or credit union that is not convenient. Also, don't get an ATM card attached to the account. That way, you'll be less likely to grab money out of the account and it will be there for true emergencies.
• If you received the federal government's economic stimulus rebate check and haven't spent it yet, take some of it and store it away for an emergency fund.
Also, if you receive the Earned Income Tax Credit, use a portion of the money to begin to increase savings.
• Collect your loose change.
The average household has $90 in loose change. Start saving the loose change in a jar.
• Use the benefits of compound interest.
Let the ''miracle'' of interest compounding benefit you. By saving $100 a month with a 3 percent yield on a certificate of deposit, your money can grow to $1,216.63 in one year, $6,464.67 in five years, $13,974.14 in 10 years and $44,608.78 in 25 years.
• Cut spending painlessly.
After you complete a budget or spending plan and figure out where your ''leaks'' are, put that money in a savings account.
• When you get a raise, save it and continue to live on what you made before.
Save any overtime pay or bonuses.
• If you eliminate an expense, save it.
For example, if you quit smoking, save what you would have spent on cigarettes.
• Sell some of your unwanted items at a garage sale or local consignment shop.
Turn things you or your kids have outgrown into cash. Then save that cash.
Sources: America Saves
Consumer Credit Counseling Service
Beacon Journal research
• Make it automatic.
Get the full article here.
